Cool Clothing inc is a manufacturer of wnter clothes.

Data Table -X est par 10 A B c D E Physical Units Transferred-In Direct Conversion (tons) Costs Materials Costs 100$ 90,000 $ 0 $ 40,000 3 100% 0% 60% 155 2 Work in process, beginning inventory (June 1) Degree of completion, beginning work in process 4 Transferred-in during June 5 Completed and transferred out during June 6. Work in process, ending inventory (June 30) 17 Degree of completion, ending work in process 8 Total costs added during June 200 55 55, 100% 60% 0% 45,000 $ duri $ 190,000 $ 02,000 nd tra Print Done Dess, sor units work done to date ent 2. Summarize the total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs Summarizing the total costs to account for. (Enter a "0" for any zero balances) som any list or enter any number in the input fields and then continue to the next question or Later Question Help Cool Clothing, Ing, is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exerciso focuses on the finishing department Direct materials are added at the end of the process Conversion costs are added evenly during the process. Cool uses the weighted average method of process costing. The following information for June 2017 is available (Click the icon to view the information) Read the toquirements Requirement 1. Calculato equivalent units of transferred-in costs, direct materials, and conversion costs. (Enter a *U* for any zero batances) Equivalent Units Physical Units Transferred in Direct Conversion (tons) Costs Materials Costs Work in process, beginning inventory (June 1) 100 155 Transferred in during June To account for Completed and transferred out during June Work in process, onding inventory (June 30) 200 55 Accounted for Equivalent units work done to date Requirement 2. Summarize the total costs to account for and calculate the cost per equivalent unit for transferred-in costs direct materials and conversion costs TE Click the icon to view the information Read the requirements Requirement 2. Summarize the total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs Begin by summarizing the total costs to account for (Enter a "" for any zero balances) Conversion Total Production Costs Transferred-In Costs Direct Materials Costs Total costs to account for Calculate the cost per equivalent unit for transferred in costs, direct materials and conversion costs. (Round your answers to the nearest cent) Transferred-In Direct Conversion Costs Materials Costs Divide by Cost per equivalent und the next question matenals are added at the end of the process. Conversion costs are added evenly during the process. Cool uses the weighted average methode following information for June 2017 is available Click the icon to view the information.) Read the requirements Calculate the cost per equivalent unit for transferred-in costs, direct materials and conversion costs. (Round your answers to the nearest cent) Transferred in Conversion Direct Materials Costs Costs Divide by Cost per equivalent unit Requirement 3. Assign costs to units completed (and transferred out) and to units in onding work in process. (Enter a "0" for any zero balances Rounc the nearest whole dollar) Total Transferred-In Direct Conversion Production Costs Costs Materials Costs Assignment of costs Completed and transferred out Work in process, ording Total costs to account for Choose from any list or enter any number in the input fields and then continue to the next question The assembly division of Gannett Watches, Inc ones the FIFO method of process costing. Consider the following data for the month of May 2017 Click the icon to view the data Click the icon to view the equvient unit computation Requirement Summarize the total costs to account for calculate the cost per equivalent unit for direct materials and conversion costs and assign costs to units completed (and transferred out and to unitsin endir Total Direct Conversion Production Costs Materials Costs Total cost to at.count for Next calculate cost per equivalent unt for direct materials and cowersion costs Direct Materials Conversion Costs Divide by Cost per un unit Finally assign total costs to unite completed and transferred out and to ending work process (WPBen by calculating the total from beginning inventory then calea the total costs account Total Direct Conversion Production Costs Mateus Costs Completed and transferred out Total from beginning witory Total cost of incompleted and transferred out Total costs couled for Choose from any or enter any number in the input holds and then contine to the next